Tesson Holdings Limited (1201) has announced that one executive director has resigned and two new executive directors have been appointed, all effective 13 February 2026.

According to the statement, Mr. Wei Qingwen resigned as an executive director due to his own business commitments. There is no disagreement between him and the board, and no matters relating to his resignation need to be brought to the attention of the stock exchange or shareholders.

Separately, Ms. Cheng Hung Mui and Mr. Li Yuqi have been appointed as executive directors. Ms. Cheng, aged 55, previously served as an executive director and has been involved with a subsidiary of the group. She has entered into a three-year service agreement with a director’s fee of HK$180,000 per year and salary of HK$1.20 million per year. Ms. Cheng currently holds approximately 57.02% of the company’s shares indirectly through Double Key International Limited. She is related to the chairman of the board as his nephew-in-law.

Mr. Li, aged 45, graduated from Nankai University in 2003. He previously held management roles at several companies and currently serves as Vice President of a Shenzhen-listed group. Under his three-year service agreement, Mr. Li receives a director’s fee of HK$180,000 per year. He holds 12.00 million shares in the company, representing 3.25% of the issued shares, and is related to another shareholder.

Both appointees are reported to have no other relationships with directors, senior management, or major shareholders of the group. The board expressed its gratitude to the outgoing director and welcomed the new appointees.